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Friday November 13th, 2026
Tea

Sri Lanka's High and Low grown teas gain in first-week auction

“The 1st sale of the year got off to a good start with prices for almost all types of teas appreciating in value."

January 8, 2023 1 min read

Sri Lanka high mid grown teas ease, low growns gain

Ceylon tea prices gained steeply in 2022, after the rupee fell.

January 1, 2023 3 min read

Sri Lanka tea production marginally improves in Nov 2022

Policy mismanagement and bad weather continue to eat into dollar crop

December 26, 2022 2 min read

Sri Lanka to improve upcountry plantation workers' lives amid Indian push 

Indians came as cheap labours under British Colonial rulers

December 20, 2022 2 min read
High density cultivation system to increase tea yield by five times: Minister

Amaraweera promotes high-density tea cultivation system and use of new technology to increase yields.

Sri Lanka complains to Russia over multi origin tea sold as ‘Ceylon tea’

ECONOMYNEXT - The Russian government is allowing any product with 50 percent of Sri Lankan grown tea to be labelled as �...

November 5, 2018 1 min read

Sri Lanka plantation industry says wage model unsustainable

ECONOMYNEXT – Sri Lanka’s 150-year-old plantations industry model, where resident workers are paid daily w...

October 26, 2018 3 min read

Sri Lanka tea estate wage talks deadlocked

ECONOMYNEXT – Talks between Sri Lanka’s regional plantations companies and estate labour unions to raise w...

October 25, 2018 4 min read

Sri Lanka's planters push for outgrower model as wage deadline looms

ECONOMYNEXT - Sri Lanka's Regional Plantation Companies are pushing for a new outgrower model, as a deadline on wage neg...

October 3, 2018 1 min read

Male domination in Sri Lanka's plantations challenged by ex-chief

ECONOMYNEXT - An ex-plantations chief in Sri Lanka has challenged the gender norms and operational practices the industr...

October 1, 2018 2 min read

Sri Lanka’s tea export volumes, earnings fall in August

ECONOMYNEXT – Sri Lanka’s tea export volumes and earnings fell in August 2018 from a year ago, largely owi...

October 1, 2018 2 min read

Sri Lankan tea prices fall for 7th straight month

ECONOMYNEXT – The slump in Sri Lankan tea prices continued in August this year with the monthly auction average p...

September 12, 2018 1 min read

Sri Lanka to get US$100mn from ADB for tea industry upgrade

ECONOMYNEXT – The Asian Development Bank (ADB) has allocated a US$100 million loan to Sri Lanka to modernise the ...

September 5, 2018 1 min read

Sri Lanka state plantations key patronage tool before privatization

Sri Lanka's state plantations became a key tool of political patronage, where procurement contracts, jobs and parcels of...

August 31, 2018 5 min read

Call to give freedom to Sri Lanka tea producers; end auction monopoly

Sri Lanka's tea producers are losing out, and innovation and marketing have been stifled due to a restrictive auction sy...

August 30, 2018 3 min read
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Latest Last
US Dollar 332.5018 332.3603
UK Pound 440.0661 440.9424
Euro 367.7137 368.4879
Yen 2.0793 2.0805
Aus Dollar 226.4670 227.4342
Source: Central Bank/Indicative
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Turnover Rs 3232.70 million 2975.05 million
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3-m bill 7.61 7.84
6-m bill 7.91 8.26
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8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
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Source: Central Bank/Indicative

Reserve funds mooted to help Sri Lankan plantations ride commodity downturns

ECONOMYNEXT – The creation of financial reserves to help Sri Lankan regional plantations companies (RPCs) ride ou...

August 30, 2018 1 min read

Sri Lanka’s Talawakelle Tea June quarter profit flat

ECONOMYNEXT – Sri Lanka’s Talawakelle Tea Estates June 2018 quarter was virtually flat at 46 million rupee...

August 7, 2018 1 min read

Sri Lanka to reimburse tea exporter promotional costs

ECONOMYNEXT – The Sri Lankan government is to reimburse 19 tea exporters half their international promotional cos...

July 25, 2018 1 min read

Sri Lanka may lose Japan tea market due to continued glyphosate ban

Sri Lanka is facing the risk of a complete ban on tea exports to Japan due to the use of alternative weedicides to glyph...

July 2, 2018 3 min read

Sri Lanka’s Hatton Plantations to build more tea factories

ECONOMYNEXT – Sri Lanka’s Hatton Plantations PLC plans to build more tea factories as it seeks to take adv...

June 8, 2018 2 min read

Tough going for Sri Lanka tea extracts business

ECONOMYNEXT – Sri Lanka’s Hayleys group has said its tea extracts business has found the going slow owing ...

June 7, 2018 1 min read

Sri Lanka tea auction average prices slip below 2017 levels

ECONOMYNEXT – Sri Lankan tea prices fell at this week’s Colombo auction with the cumulative auction averag...

June 7, 2018 1 min read

Sri Lanka plantations should start wage negotiations early: minister

Sri Lanka's regional plantations companies - commercial farms growing tea, rubber and oil palm - should start wage negot...

June 3, 2018 2 min read

Sri Lanka floods to hit tea supplies to auctions

Sri Lanka's torrential rains are expected to disrupt tea supplies and reduce volume coming to forthcoming auctions, thou...

May 24, 2018 2 min read

Sri Lankan tea prices rise on weaker rupee, lower volumes

ECONOMYNEXT – Prices of several grades of Sri Lankan tea rose sharly at this week’s one-day auction in Col...

May 3, 2018 1 min read